Tag: Media & Big Tech

Apple Accused of Breaking EU Competition Laws Over Digital Wallets

May 2, 2022
anti trustApple PayBusiness & EconomyCompaniesdigital walleteconomyEuropeInternationalInvestmentMarketsMedia & Big TechNFCTechTech NewsUSWorld
0 Comment

European Union regulators have accused Apple of breaking the law by stifling competition in markets for mobile wallets, a move that could lead to billions of dollars in fines. The European Commission (EC) said in a May 2 statement that it had sent a charge sheet known as a statement of objections to Apple, alleging…

Read More

MyPillow CEO Mike Lindell Rejoins Twitter, Suspended Again Hours Later

May 2, 2022
Big Tech, Censorship, and SocialismBusiness & Economycancel cultureCompaniesFeatured TopicsMedia & Big TechMike LindellSocial MediaTechTwitterUSUS News
0 Comment

MyPillow CEO Mike Lindell announced that he rejoined Twitter Sunday after his account was banned last year, but he was quickly reported and banned from the platform. “Hello, everyone at Twitter. This is Mike Lindell,” Lindell said in a Twitter video published on Sunday. “I’m here to tell you about my new account here, @MikeJLindell. That’s…

Read More

Netflix Drops Development of Meghan Markle’s Animated Series, Citing ‘Strategic Decisions’

May 2, 2022
Business & EconomyCompaniesEntertainmentEntertainment NewsFilm & TVMedia & Big TechMeghan MarkleNetflixUSUS News
0 Comment

Netflix said on Sunday that it has canceled the development of an animated series created by Meghan Markle as part of “strategic decisions” the streaming giant is making. A Netflix spokesperson confirmed the decision to CNBC, noting that “Pearl” was one of several projects to be dropped by the company. However, the California-headquartered streamer said it will continue…

Read More

Elon Musk Tells Rep. Ocasio-Cortez ‘Stop Hitting on Me’ After She Takes Swipe at Billionaire on Twitter

May 2, 2022
Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesDemocratsElon MuskFeatured TopicsMedia & Big TechPoliticsRep. Alexandria Ocasio-CortezSocial MediaTechTwitterUSUS News
0 Comment

Elon Musk told Democratic lawmaker Rep. Alexandria Ocasio-Cortez (N.Y.) to “stop hitting on me” on Friday after she took aim at what she called a “billionaire with an ego problem.” The representative for New York took to Twitter where she took a swipe at a billionaire who she said “controls a massive communication platform” but stopped short…

Read More

Facebook Whistleblower Optimistic About Musk’s Twitter Move, Says He Can Take Feedback Better Than Zuckerberg

May 2, 2022
Business & EconomyCompaniesElon MuskFacebookMedia & Big TechTwitter
0 Comment

Meta Platforms Inc Facebook whistleblower Frances Haugen, who leaked Facebook documents last year, has said that she is “cautiously optimistic” about Tesla Inc CEO Elon Musk’s Twitter Inc acquisition. During a recent interview, Haugen said that Musk’s plans to take Twitter private could give him the chance to change up the company’s business model and…

Read More

Jack Dorsey Says This Was His ‘Biggest Failing’ at Twitter

May 2, 2022
Business & EconomyCompaniesJack DorseyMedia & Big TechTwitter
0 Comment

Twitter, Inc.’s co-founder Jack Dorsey, who gave up his chief executive officer role at the social media platform late last year, shared his insights into what it would take to reinvigorate the platform. Owning Up Responsibility: Twitter has always tried to do its best, given the information it had, Dorsey said in a series of…

Read More

DeSantis Insists Disney Will Have to Pay Its Debts, Says ‘Additional Legislative Action’ in the Works

May 1, 2022
Business & EconomyCompaniesdisneyFloridaLocal NewsMedia & Big TechPoliticsRegional-Local NewsRepublicansron desantisUSUS News
0 Comment

Florida Gov. Ron DeSantis said that Disney will have to pay its own debts as the entertainment corporation claimed the state would have to foot its bills for bond taxes when its special status is revoked. Last month, Florida’s Legislature passed a DeSantis-backed bill that rescinded Disney’s 55-year special governing status that allows it to…

Read More

DeSantis Insists Disney Will Have to Pay Its Debts, Says ‘Additional Legislative Action’ in Works

May 1, 2022
Business & EconomyCompaniesdisneyFloridaLocal NewsMedia & Big TechPoliticsRegional-Local NewsRepublicansron desantisUSUS News
0 Comment

Florida Gov. Ron DeSantis said Walt Disney Co. will have to pay its own debts as the entertainment corporation stated that the state would have to foot the bill for its bond taxes when its special status is revoked. Last month, the Florida Legislature approved DeSantis-backed legislation that rescinded Disney’s 55-year special governing status that…

Read More

Apple Predicts Lower Q3 Performance Owing to Supply Constraints, Material Shortages

April 30, 2022
apple shareBusiness & EconomyCompaniesGlobal supply chain disruptionMedia & Big TechTechTech NewsTim CookUS
0 Comment

Tech giant Apple is predicting a slump in performance for its fiscal Q3, 2022 term ending in June even as the company showcased better results, on a yearly basis, during the second quarter. Apple said its forecast is based on persistent global supply chain disruptions. “We believe our year-over-year revenue performance during the June quarter…

Read More

What Elon Musk’s Twitter Deal Says About His Wealth

April 30, 2022
Business & EconomyCompaniesElon MuskMarketsMedia & Big TechTwitter
0 Comment

Elon Musk has finalized a deal to buy social media platform Twitter Inc. with a financing plan that includes commitments from bankers and himself. What Happened The U.S. tax code could be working hand in glove with Tesla Inc. CEO Musk in tallying up the deal amount, Bloomberg said in a report. The Tesla CEO has…

Read More